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Source:
Los Angeles Times
Los Angeles Times
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Los Angeles residents are increasingly seeking rentals in cities such as Las Vegas, Phoenix, and Salt Lake City due to high housing costs and limited new construction in L.A. A Zillow report shows that L.A. renters are the most likely out-of-town demographic searching for rentals elsewhere, often aiming for better affordability and eventual homeownership. While many are leaving, the region’s population growth is driven mainly by international immigration, as local housing shortages persist. Riverside has become a popular nearby alternative for those wanting similar lifestyle benefits at a lower cost.
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